Invista's French JV unit struggles to refinance debt

By A staff reporter 2008-12-15T00:00:00

Investment manager Invista said on Friday that its French joint venture company Celsius is unlikely to achieve a refinancing with troubled Icelandic bank Kaupthing regarding a EUR 142 mln senior debt facility maturing at the end of December 2008. Invista said that it and its joint venture partner are still ...

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